Non-Residential Tax Assessment

Why is this important?

The Region of Peel receives tax revenue from residential and non–residential properties.

In Peel, the ideal percentage of non–residential tax revenue ranges between 35% and 45%.

Non–residential taxes are affected as the economy shifts from manufacturing towards a more services–orientated economy, resulting in a reduction of the non–residential property tax base in Peel.

The percentage of non–residential tax revenue within the "threshold" range tells us that we have a community in which we can work and live, and where businesses are healthy.

How is this measured?

The non–residential tax revenue is calculated annually after the final tax rates have been determined by Brampton, Caledon, and Mississauga, and after the education rates have been set by the Province.

Peel uses this data to monitor whether the proportion of non–residential tax revenues is within the 35–45% threshold.

What progress are we making?

The proportion of non–residential tax revenues has been within Peel's threshold for the past 11 years, but has declined steadily to 36.7% in 2017.